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iShares Silver Trust SLV

The investment seeks to reflect generally the performance of the price of silver. The Trust seeks to reflect such performance before payment of the Trusts expenses and liabilities. It is not actively managed. The Trust does not engage in any activities designed to obtain a profit from, or to ameliorate losses caused by, changes in the price of silver.


ARCA:SLV - Post by User

Bullboard Posts
Comment by strannickon Nov 18, 2010 12:40pm
446 Views
Post# 17725042

SLV is NOT silver. Its JPMorgans Silver

SLV is NOT silver. Its JPMorgans Silver
If someone is actually interested in investing in silver -T.PHS.U- instead of subsidizing Banksters suppression of silver -T.SLV-, then they should pull out of the farce that is called SLV, and invest in Sprott's physical silver fund.
With T.PHS.U, one can actually access the silver. With T.SLV, only AUTORIZED PARTICIPANTS, ie. BANKSTERS, can access silver. It is the always silver-short banksters HSBC and JPMORGAN, who are the custodians of SLV. SLV shares can be used to cover their COMEX shorts. Does anyone see a CONFLICT OF INTEREST here?
These are the same banks that had to be bailed out by taxpayers, and that are the defendants in the Mortgage fraudclosure scams.
Can anyone fathom that these banks DONT HAVE YOUR INTERESTS AT HEART? IS ANYONE AWAKE OUT THERE?
Bullboard Posts